Sunshine-Empire as Investor Alert List
Wednesday, October 24, 2007
Don't be surprises if you read that Sunshine-Empire had been list at MAS ( Monetary Authority of Singapore )
http://www.moneysense.gov.sg/check_our_list/Consumer_Portal_IAL.html
INVESTOR ALERT LIST
Who may provide financial services in Singapore?
Persons providing financial services in Singapore are required to be licensed, exempt or otherwise regulated by the Monetary Authority of Singapore (MAS) to carry out activities regulated under the relevant laws administered by MAS.
The names of regulated persons in respect of the provision of financial services under the various Acts administered by MAS are listed on MAS' website in the Financial Institutions Directory.
Why should consumers not deal with unregulated persons?
Consumers are strongly encouraged to deal only with persons that are regulated by MAS. MAS' regulatory regime aims at safeguarding the interests of consumers by ensuring that only competent and professional persons may provide financial services. If a consumer chooses to deal with persons that are not regulated by MAS, he forgoes the protection afforded under laws administered by MAS, particularly if these persons are based overseas.
Consumer alert on the pitfalls of dealing with unregulated persons
MoneySENSE has issued a consumer alert highlighting the common techniques used by persons that are not regulated by MAS to solicit business and the risks involved. The alert also informs consumers of the steps they can take to protect themselves. Click here to read the article.
The Investor Alert List
From time to time, MAS receives information on persons who are possibly conducting activities regulated by MAS without authorisation. These persons may target Singapore consumers, or overseas consumers by giving them the false impression that they are operating in Singapore. Some of these unregulated persons may sometimes use names similar to that of entities regulated by MAS.
Consumers should exercise care when dealing with these persons. Overseas consumers who receive solicitations by persons who claim to have an operation in Singapore should also exercise care and check if they are in fact dealing with persons who are regulated by MAS.
Below is a list of persons, on whom MAS has received information, who are not authorised by MAS in respect of the carrying on of regulated activities. The list is not exhaustive and will be updated.
.
.
.
Sunshine Empire Pte Ltd ["SE"]
Blk 490 #07-10
Lorong 6 Toa Payoh
Singapore 310490
Tel: 6411 4650
Fax: 6411 4654
Website: www.sunshine-empire.com
also at SC ( Securities Commission of Malaysia )
http://www.sc.com.my/ENG/HTML/licensing/investors/Alert_list.html
Warning/Alerts
Below is the list of known companies and websites which are not authorised nor approved under the securities laws to deal in securities, provide investment advice and/or fund management services related to securities or futures.
The public is advised not to make any investment with companies that are not licensed or approved by the SC. Offers often comes in the guise of seemingly attractive investment opportunities or schemes and may also be camoflaged as direct selling or business opportunities.
If you require any clarification or wish to lodge a complaint, please contact us at 603-62048999 or e-mail us at aduan@seccom.com.my.
Members of the public who come across any suspicious websites, as well as e-mails or any information on the Internet relating to investment advice and services, may alert the SC at the contact number or e-mail above.
.
.
.
S
* Sunshine Empire (www.sunshine-empire.com)
.
.
Many people ask me why??? Well it’s hard to answer their question as that’s no right or wrong answer. In fact Sunshine Empire is not an Investment Company, we are a Marketing Company!!!
Actually I feel safe as that mean MAS is watching Sunshine Empire & I feel that’s a protection to me..^o^..
Sunshine Empire rewards their merchants by paying their Consumer Rebate from the company on the e-Mall & other platform.
"Don’t worry about what the market is going to do, instead worry about what you are going to do in response to the market. And never let your market decisions be restricted or influenced by concern over what others might think. Don’t worry about looking stupid"
Have to write this down here so that who ever ask me about MAS I can just direct them to here instead of typing the same to all who ask ME..^o^..
http://rexleecorner.multiply.com/journal
Just remind all of you, here this Sunshine-Empire Merchant Agreement :
1. Sunshine Empire is NOT a Financial Investment Company and it does NOT promote any investment product or any investment scheme.
2. All Merchants who misrepresent or spread false claims about Sunshine Empire Business or Compensation Plan will have the Merchantship terminated immediately
and all the status, rights, benefits and privileges shall be forfeited. Sunshine Empire will also take legal action.
3. Sunshine Empire empowers YOU! to operate as an Independent Business Owner, to build your wealth and success using Sunshine Empire approved platform,
tools, products and methodology.
4. The speed and scale of your success is a direct result of your own effort and performance to generate sales volume and production.
5. CONSUMER REBATE PRIVILEGES ("CRP"): These are our return to you from the profits derived from all consumption generated on the e-Mall Platform.
Sunshine Empire will reward you with e-points that you can use. Over time, you can have the privilege of receiving the total of not exceeding 12,000 e-points.
CRP is based on 10% of Sunshine Empire Global Turnover on the e-Mall Platform
6. CONSUMER LOYALTY PRIVILEGES ("CLP"): These are our return to you from the consequential profits generated from resources resulting from the worldwide efforts
of our Most Valued Prime Status Independent International Merchants. Sunshine Empire will reward you with e-points that you can use. Over time, you can have the privilege of receiving the total of not exceeding 60,000 e-points.
7. All Rewards Privileges are dependent on the Sunshine Empire worldwide performance. They are NOT GUARANTEED and will be paid out at the discretion of Sunshine Empire.
http://www.moneysense.gov.sg/check_our_list/Consumer_Portal_IAL.html
INVESTOR ALERT LIST
Who may provide financial services in Singapore?
Persons providing financial services in Singapore are required to be licensed, exempt or otherwise regulated by the Monetary Authority of Singapore (MAS) to carry out activities regulated under the relevant laws administered by MAS.
The names of regulated persons in respect of the provision of financial services under the various Acts administered by MAS are listed on MAS' website in the Financial Institutions Directory.
Why should consumers not deal with unregulated persons?
Consumers are strongly encouraged to deal only with persons that are regulated by MAS. MAS' regulatory regime aims at safeguarding the interests of consumers by ensuring that only competent and professional persons may provide financial services. If a consumer chooses to deal with persons that are not regulated by MAS, he forgoes the protection afforded under laws administered by MAS, particularly if these persons are based overseas.
Consumer alert on the pitfalls of dealing with unregulated persons
MoneySENSE has issued a consumer alert highlighting the common techniques used by persons that are not regulated by MAS to solicit business and the risks involved. The alert also informs consumers of the steps they can take to protect themselves. Click here to read the article.
The Investor Alert List
From time to time, MAS receives information on persons who are possibly conducting activities regulated by MAS without authorisation. These persons may target Singapore consumers, or overseas consumers by giving them the false impression that they are operating in Singapore. Some of these unregulated persons may sometimes use names similar to that of entities regulated by MAS.
Consumers should exercise care when dealing with these persons. Overseas consumers who receive solicitations by persons who claim to have an operation in Singapore should also exercise care and check if they are in fact dealing with persons who are regulated by MAS.
Below is a list of persons, on whom MAS has received information, who are not authorised by MAS in respect of the carrying on of regulated activities. The list is not exhaustive and will be updated.
.
.
.
Sunshine Empire Pte Ltd ["SE"]
Blk 490 #07-10
Lorong 6 Toa Payoh
Singapore 310490
Tel: 6411 4650
Fax: 6411 4654
Website: www.sunshine-empire.com
also at SC ( Securities Commission of Malaysia )
http://www.sc.com.my/ENG/HTML/licensing/investors/Alert_list.html
Warning/Alerts
Below is the list of known companies and websites which are not authorised nor approved under the securities laws to deal in securities, provide investment advice and/or fund management services related to securities or futures.
The public is advised not to make any investment with companies that are not licensed or approved by the SC. Offers often comes in the guise of seemingly attractive investment opportunities or schemes and may also be camoflaged as direct selling or business opportunities.
If you require any clarification or wish to lodge a complaint, please contact us at 603-62048999 or e-mail us at aduan@seccom.com.my.
Members of the public who come across any suspicious websites, as well as e-mails or any information on the Internet relating to investment advice and services, may alert the SC at the contact number or e-mail above.
.
.
.
S
* Sunshine Empire (www.sunshine-empire.com)
.
.
Many people ask me why??? Well it’s hard to answer their question as that’s no right or wrong answer. In fact Sunshine Empire is not an Investment Company, we are a Marketing Company!!!
Actually I feel safe as that mean MAS is watching Sunshine Empire & I feel that’s a protection to me..^o^..
Sunshine Empire rewards their merchants by paying their Consumer Rebate from the company on the e-Mall & other platform.
"Don’t worry about what the market is going to do, instead worry about what you are going to do in response to the market. And never let your market decisions be restricted or influenced by concern over what others might think. Don’t worry about looking stupid"
Have to write this down here so that who ever ask me about MAS I can just direct them to here instead of typing the same to all who ask ME..^o^..
http://rexleecorner.multiply.com/journal
Just remind all of you, here this Sunshine-Empire Merchant Agreement :
1. Sunshine Empire is NOT a Financial Investment Company and it does NOT promote any investment product or any investment scheme.
2. All Merchants who misrepresent or spread false claims about Sunshine Empire Business or Compensation Plan will have the Merchantship terminated immediately
and all the status, rights, benefits and privileges shall be forfeited. Sunshine Empire will also take legal action.
3. Sunshine Empire empowers YOU! to operate as an Independent Business Owner, to build your wealth and success using Sunshine Empire approved platform,
tools, products and methodology.
4. The speed and scale of your success is a direct result of your own effort and performance to generate sales volume and production.
5. CONSUMER REBATE PRIVILEGES ("CRP"): These are our return to you from the profits derived from all consumption generated on the e-Mall Platform.
Sunshine Empire will reward you with e-points that you can use. Over time, you can have the privilege of receiving the total of not exceeding 12,000 e-points.
CRP is based on 10% of Sunshine Empire Global Turnover on the e-Mall Platform
6. CONSUMER LOYALTY PRIVILEGES ("CLP"): These are our return to you from the consequential profits generated from resources resulting from the worldwide efforts
of our Most Valued Prime Status Independent International Merchants. Sunshine Empire will reward you with e-points that you can use. Over time, you can have the privilege of receiving the total of not exceeding 60,000 e-points.
7. All Rewards Privileges are dependent on the Sunshine Empire worldwide performance. They are NOT GUARANTEED and will be paid out at the discretion of Sunshine Empire.
Sunshine-Empire at Straitstimes Singapore
The concern is that its business model works like a pure financial investment scheme
By Lorna Tan
THE authorities in Singapore and Malaysia have put out an alert on a firm operating in several Asian countries including Singapore.
The Straits Times understands that the Commercial Affairs Department is investigating the firm's practices.
Based at Toa Payoh HDB Hub, home-grown Sunshine Empire, a multi-level marketing (MLM) firm, has attracted 20,000 people here since it was set up last July.
MLM firms, which are legal here, typically invite people to pay cash for the right to market goods to other people. They also get cash for recruiting other MLM marketers.
Under Sunshine's scheme, people usually put down $12,000 to become a 'merchant', as it calls users of its online shopping platform offering thousands of goods, including health supplements, lingerie and electronics goods.
After signing up, they can buy Sunshine's online goods.
But they are also rewarded with potentially hefty cash rebates, though these are not guaranteed. Merchants can build their own sales force as well.
The scheme is structured in such a way that participants are not required to use the rebates to buy Sunshine's goods.
The cash rebates are based on Sunshine's global turnover. The option of converting the rebates into cash only makes Sunshine more attractive than other MLM firms where people must maintain sales quotas.
But this is understood to be the nub of the concerns held by the authorities over Sunshine's business practices.
The fact that its 'merchants' can notch up what seem like profits without ever buying or selling products means its business model looks like a pure financial investment scheme.
Sunshine was placed on the Monetary Authority of Singapore's (MAS) investor alert list last month and that of Malaysia's Securities Commission a few months ago.
The regularly updated MAS list warns people of companies which may be offering products regulated by MAS without authority.
Read the full story in Wednesday's edition of The Straits Times.
Note : This news is absolutely neutral opinion. Don't be affraid. :). You can learn, take positive side and quick understanding if Sunshine-Empire is not Investment Company but Marketing Company.
Source : http://www.straitstimes.com/Latest%2BNews/Singapore/STIStory_169845.html?vgnmr=1
By Lorna Tan
THE authorities in Singapore and Malaysia have put out an alert on a firm operating in several Asian countries including Singapore.
The Straits Times understands that the Commercial Affairs Department is investigating the firm's practices.
Based at Toa Payoh HDB Hub, home-grown Sunshine Empire, a multi-level marketing (MLM) firm, has attracted 20,000 people here since it was set up last July.
MLM firms, which are legal here, typically invite people to pay cash for the right to market goods to other people. They also get cash for recruiting other MLM marketers.
Under Sunshine's scheme, people usually put down $12,000 to become a 'merchant', as it calls users of its online shopping platform offering thousands of goods, including health supplements, lingerie and electronics goods.
After signing up, they can buy Sunshine's online goods.
But they are also rewarded with potentially hefty cash rebates, though these are not guaranteed. Merchants can build their own sales force as well.
The scheme is structured in such a way that participants are not required to use the rebates to buy Sunshine's goods.
The cash rebates are based on Sunshine's global turnover. The option of converting the rebates into cash only makes Sunshine more attractive than other MLM firms where people must maintain sales quotas.
But this is understood to be the nub of the concerns held by the authorities over Sunshine's business practices.
The fact that its 'merchants' can notch up what seem like profits without ever buying or selling products means its business model looks like a pure financial investment scheme.
Sunshine was placed on the Monetary Authority of Singapore's (MAS) investor alert list last month and that of Malaysia's Securities Commission a few months ago.
The regularly updated MAS list warns people of companies which may be offering products regulated by MAS without authority.
Read the full story in Wednesday's edition of The Straits Times.
Note : This news is absolutely neutral opinion. Don't be affraid. :). You can learn, take positive side and quick understanding if Sunshine-Empire is not Investment Company but Marketing Company.
Source : http://www.straitstimes.com/Latest%2BNews/Singapore/STIStory_169845.html?vgnmr=1
Ewallet Withdrawal Update
Dear Our Valued Merchants (for Singapore),
We are in the midst of switching bank services to a global bank in order to serve everyone on a global level, all e-wallet withdrawal to bank accounts for the month of October will take 14 working days instead of the usual 7 working days to process your withdrawal.
Apologies for any inconveniences caused.
For Indonesian Merchants.
If you withdrawal your ewallet at last weeks, your money will at your bank account at Thursday Oct 25, 2007 noon. So please be patient.
Source : http://sunshine-empire.com/
We are in the midst of switching bank services to a global bank in order to serve everyone on a global level, all e-wallet withdrawal to bank accounts for the month of October will take 14 working days instead of the usual 7 working days to process your withdrawal.
Apologies for any inconveniences caused.
For Indonesian Merchants.
If you withdrawal your ewallet at last weeks, your money will at your bank account at Thursday Oct 25, 2007 noon. So please be patient.
Source : http://sunshine-empire.com/
「Empire Property & Malacca Project」 Introduction & Presentation
Thursday, October 18, 2007
Great News! Hoping more valued merchants to get a full comprehension on our development projects in Malacca, we are now moving to Hong Kong International Trade & Exhibition Centre, the updated details as follow:-
Date: 14 October 2007 (Sunday)
Venue: Hong Kong International Trade & Exhibition Centre 3/F (Rotunda 2) [九龙湾国际展贸中心]
Time: 9:30am – 10:30pm (Tea Break and Dinner will be provided)
Speaker: International President – Mr. James Phang
Empire Property Venture President – Dato’ Dr. Alex Teh
Dress Code: White shirt + black pants/slack + yellow tie/yellow scarf
In addition, “Empire Poker Card” Incentive will also be arranged at the same day! Don’t miss the chance!!
Please contact Miss Siu (Mee) at telephone no. 852-21997887 for attendance registration.
Remarks:
(1) A number ticket will be distributed at the venue for which member can pick “Empire Malacca Project premium units” according to the order of the number of ticket.
(2) This function only applies for our merchants only.
>> Poster
>> Program Schedule
Source : www.sunshine-empire.com
Great News...Increment of Mall Points.
We are delighted to express our gratitude and appreciation for your infinitum support and belief in Sunshine Empire. Therefore, we are proud to announce the following increment of Mall Points effective from 16 October 2007.
No Description Price (e-pts) Mall Points (MPs)
1 BM 150 1,000
2 SM 750 5,000
3 BP 375 2,500
4 SP 1,875 12,500
5 GP 7,500 50,000
We assure you that this would be an advantage in building your career in Sunshine Empire and with your continuously support would bring us beyond the limit once more!
Source : www.sunshine-empire.com
No Description Price (e-pts) Mall Points (MPs)
1 BM 150 1,000
2 SM 750 5,000
3 BP 375 2,500
4 SP 1,875 12,500
5 GP 7,500 50,000
We assure you that this would be an advantage in building your career in Sunshine Empire and with your continuously support would bring us beyond the limit once more!
Source : www.sunshine-empire.com
GENTING INCENTIVE TRIP – 27, 28 & 29 November 2007 - updated
The management hopes that all merchants will be able to fulfill all their commitment of sales in Genting. Therefore, we have decided to extend the Genting Incentive Qualifying Period 3 from 4th October 2007 to 31st October 2007.
Please be noted as follows: -
Program : Genting Highlands Incentive Trip
Date : 27, 28 & 29 November 2007
Venue : Arena Of Stars
Dresscode : Formal Wear
Men - White Shirt, Black Coat, Black Pants, Yellow / Gold Tie
Women - White Shirt, Black Coat, Black Pants or Skirts
Tickets : 200 e-points (1st - 31st October 2007)
Kindly be informed that tickets to Genting Highlands Incentive Trip are available for sales. Tickets availability is based on first come first serve basis.
Source : www.sunshine-empire.com
Please be noted as follows: -
Program : Genting Highlands Incentive Trip
Date : 27, 28 & 29 November 2007
Venue : Arena Of Stars
Dresscode : Formal Wear
Men - White Shirt, Black Coat, Black Pants, Yellow / Gold Tie
Women - White Shirt, Black Coat, Black Pants or Skirts
Tickets : 200 e-points (1st - 31st October 2007)
Kindly be informed that tickets to Genting Highlands Incentive Trip are available for sales. Tickets availability is based on first come first serve basis.
Source : www.sunshine-empire.com
